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Citadel is one of the "cheater" funds along with Melvin, Point72 (previously SAC Capital Advisers) and Maplelane (ex-Galleon Group). They all have connections t
by engineeringwoke 6y ago
Citadel is one of the "cheater" funds along with Melvin, Point72 (previously SAC Capital Advisers) and Maplelane (ex-Galleon Group). They all have connections to insider trading of some sort since it was legal to know stuff like earnings beforehand, etc. before reg FD in 2001, and the seeds from that age are still there in these funds. They certainly aren't the type to be below doing something like this.
Citadel could also be absolutely fucking themselves if they end up in discovery over this. It could mean the end of this era of funds. Many would be glad to see them go.